WHC 0.13% $7.63 whitehaven coal limited

News: WHC Australia's Whitehaven Coal swings to half-yearly loss on coal price slump

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    Feb 17 (Reuters) - Whitehaven Coal (WHC) on Wednesday reported it had swung to a half-yearly loss as the COVID-19 pandemic led to a decline in coal prices over the period.

    Australia 's biggest independent coal miner posted a net loss after tax of A$94.5 million ($73.29 million) for six months, compared to a profit of A$27.4 million a year ago.

    The loss was steeper than a UBS estimate of an interim loss of A$53 million.

    ($1 = 1.2893 Australian dollars)

 
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